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2215 Yale Ave E, Seattle, WA, 98102

5beds
5baths
0sqft
$1,475,000
--price/sqft
$9,111/moest. monthly cost
$364,440/yrincome needed

About This Home

The property has a unique unit mix comprised of a 1BD/1BTH unit with a patio, a 2BD/2BTH unit with a deck and a penthouse unit that is a 2BD/2BTH plus an office loft. The penthouse is a townhouse style unit with a deck off the main floor and a second deck on the roof with an office attached to it. The middle unit has peak-a-boo views of Lake Union and the penthouse main floor deck and rooftop deck have panoramic 180 degree views of Lake Union, Downtown Seattle, and Gas Works Park. The penthouse unit is perfect for an owner-occupant or can be rented for significant rental income. The property provides opportunities to add value and capture significant rental upside by performing cosmetic touches to the well maintained, spacious units. The ground level 1BD/1BTH is believed to be a non-conforming unit. The Eastlake neighborhood is in a central location as it is only a 5-minute drive to Downtown, The University of Washington, Capitol Hill, and Queen Anne. The property is located one block off Eastlake Ave E where residents enjoy an array of shops, services, and dining options.

Getting Around

80
WalkingVery Walkable
55
TransitGood Transit
76
BikeVery Bikeable

Schools

9/10
5/10
8/10
Garfield High SchoolGrades 9-122.6 mi

Construction

Condition

  • Year built: 1916

Materials

  • Foundation: Poured Concrete
  • Roof: Composition
  • Construction materials: Wood Products

Type & Style

  • Home type: MultiFamily
  • Architectural style: Tri-plex
  • Property subType: Triplex,Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5

Features

  • Flooring: Laminate,Carpet

Heating & Cooling

  • Heating features: Wall Furnace,Electric
  • Cooling features: None

Interior Area

  • Total structure area: 0

Property

Details

  • Parcel number: 2902200416
  • Zoning description: Multi-Family,Jurisdiction: City
  • Special condition: Standard

Features

  • Has view: Yes
  • View description: Lake
  • Has water view: Yes
  • Water view: Lake

Lot

  • Lot size: 3,301 sqft
  • Features: Deck

Parking

  • Total spaces: 2
  • Uncovered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Heat Wave

FEMA Declared Disasters in King County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $7,458$89,496
Home Insurance *$252$3,024
Property Taxes $1,252$15,024
Electricity $149$1,793
Total$9,111$109,332
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$312,377/yr
40% on housing$273,330/yr
45% on housing$242,960/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 98102$484
King County$442

vs Homes Sold Last Month

Median $/sqft

ZIP 98102$613
King County$485

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-06Listed for sale$1,475,000
2020-11-05Listing removed$1,475,000
2020-08-10Listed for sale$1,475,000

For Sale by Agent

AgentMichael Urquhart
BrokerageParagon Real Estate Advisors

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